Texas succession will affect oil prices...
⛽ NO OIL JOE ⛽
I'm not saying I'm for it, or against it. You do you Texas, but...
Texas is the leading producer of oil and natural gas, accounting for 40 percent of U.S. oil production and 25 percent of the nation's natural gas production. The Permian Basin, the largest oil producing region, recently surpassed Saudi Arabia's Ghawar as world's top producing oilfield.Jul 13, 2019
Texas also refines a healthy portion of oil, like a lot of it that we all use.
If Texas want to get our attention, this will be the number one story on every newspaper in the World.
Texas provides 75% of America's energy needs, and it's the only oil refinery in the US.
Yes. It will get their attention, big time.
That's why when people get upset about Biden shutting down all the fracking and the oil pipelines, I'm like...ummm, that's a really good thing.